Market Crunch Time (2) - Newsnight 17.03.08
Part 2 of 3: Newsnight looks at the days falling Markets and its impact on the Global Economy.(contd. from Part 1) Report by Jackie Long on the impact in Britain and the volatile Mortgage Market. Including overviews on mortgage costs, liquidity and Credit Cards, Mortgage lenders and the Banking Sector. Interview with Claire Francis (moneysupermarket.com), on the effects on Credit Cards.Concluding Panel Discussion by Jeremy Paxman with Lord Lawson (Chancellor of the Exchequer 1983-89), Dr. Irwin Stelzer (Fellow, Hudson Institute) and Gerry Hoffman (Visiting Prof., Cardiff Business School), including topics such as assessing the situation and determining if this is the worst recession since WWII. (continued in Part 3).* At one Point (6:20) Dr. Stelzer remarks that the media coverage does not help by highlighting the negative without pointing-out the positive developments, such as that the US Markets recovered slightly by the end of the day. But in Part 1 (5:40) the Report does make a point of this.Il corpo nostro e sottoposto al cielo, e lo cielo e sottoposto allo spirito.
Channel: News & Politics
Uploaded: March 18, 2008 at 3:48 am
Author: RuniToconillo
Length: 10:46
Rating: 4.67
Views: 450
Tags: 17.03.08 analysis Bank commentary Crash currency Financial Global Impact Market Mortgages news on Shares stocks
Video Comments
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LetItFloat (March 25, 2008 at 7:24 pm)
The problems are not going to be as bad. You will see, many people are going to take advantage of the subprime market downfall. If you have liquid and reserved money this is the moment to aquire more houses and rent them, a couple years later those houses price will pick up and things will get better for those that maintained their cool in such times. |
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